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Motorola, Nextel extend agreements during negotiations

ARLINGTON HEIGHTS, Ill.-Motorola Inc. and Nextel Communications Inc. said they will extend their supply arrangements while they negotiate a new supply agreement.

The terms of their primary supply agreement, under which Nextel purchased network infrastructure equipment, handsets and related software from Motorola, expired at the end of 2003. The companies will extend that expired supply agreement through 2004 or until a new contract is completed.

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